It's in a smaller market, but limited competition so the feasibility study that was conducted came out good along with the pro-forma.  

I am currently looking into purchasing a duplex through Elite Invest in Chicago.I would love to speak personally with some investor's that have worked with Alex and Elite Invest to see how their experience was and is going.They yield quite high rent returns in their pro-forma and wanted to see if they execute those numbers often.Send me a PM or respond on here!!

You can form a new single purpose entity and lock up the contract in that name, then sell that entity to your C buyer.

@Bill Gulley So next question is do we need to form a joint LLC? 

Great first step to learning and investing.I highly recommend BP's Ultimate Beginner's Guide, it helps to form a general foundation in the industry.

But, as a starting point when looking at pro-formas for Florida homes, do you have any tips?

The home we are about to rent out is in my fiance's name but we want to rent it out through an LLC that we would form as a PM company - Something like Ashley PM LLC. and the lease would between the LLC and the resident.

Great first step to learning and investing.Definitely check out BP's Ultimate Beginner's Guide, it helps to form a general foundation in the industry.

How about this scenario: Form a LLC, set up a trust, make the trust a member of LLC, and then transfer to the trust/LLC

Is that pro-forma info from a broker?